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MetaPlanet’s Share Price Surges 3575% as Bitcoin Soars in Japan

MetaPlanet’s Share Price Surges 3575% as Bitcoin Soars in Japan

CryptotimesCryptotimes2025/02/10 15:22
By:Ronak KumarDhara Chavda

Metaplanet’s shares soar near to 3600% as Trump’s pro-crypto policies drive Bitcoin demand in Japan, with Bitcoin hitting a record $109,241 in January.

Metaplanet Inc. transformed from its hotel development roots to Bitcoin dominance, and its stock price increased by 3575% during the previous year, which positioned it among global leaders.

The company achieved success with its “Bitcoin-first strategy” implementation in early 2024, which brought thousands of retail investors, including first-time buyers, into their fold. Metaplanet now holds over $170 million in Bitcoin under the leadership of Simon Gerovich and plans to accumulate 10,000 BTC by 2025.

MetaPlanet’s Share Price Surges 3575% as Bitcoin Soars in Japan image 0 MetaPlanet’s Share Price Surges 3575% as Bitcoin Soars in Japan image 1 Source: Google Finance

The company made its strategic move toward Bitcoin after the pandemic led to widespread hotel closures. According to Gerovich, Bitcoin functions as an effective protection against Japan’s depreciating yen because he followed Michael Saylor’s Bitcoin approach.

The support for cryptocurrency from U.S. President Donald Trump fueled increased Japanese interest in Bitcoin. The implementation of pro-crypto policies by President Trump led to Bitcoin reaching its highest value ever at $109,241 during January 2025.

Japanese investors find Metaplanet attractive because it enables them to access Bitcoin exposure without buying the asset directly while benefiting from Japan’s NISA tax advantages.

The volatile nature of crypto has not deterred Metaplanet from strengthening its Bitcoin commitment, which led to renaming its Tokyo hotel “The Bitcoin Hotel.” The growth of Metaplanet demonstrates how cryptocurrency transforms Japanese businesses while analysts express concerns about Bitcoin price fluctuations.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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